Bullboard - Stock Discussion Forum Hudson's Bay Co. HBAYF

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Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures... see more

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OTCPK:HBAYF - Post Discussion

Hudson's Bay Co. > Around 675 Million

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Post by MyHoneyPot on May 25, 2018 4:44pm

Around 675 Million

The article in the Globe and Mail, around 675 million is not 675 million. It could be less or it could be more, but it went through a bid process, lets hope it is a lot more.

IMHO

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Comment by shooter1939 on May 25, 2018 5:07pm

This stock price tells me the sale of the Vancouver property may never happen, so let's all quit talking about this nonsense.

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Comment by MyHoneyPot on May 25, 2018 5:31pm

HBC said it had been sold, and the Purchaser is getting Canadian financing arranged for the purchase, it is going to be announced June 15. That is pubilic information i understand. IMHO

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Comment by shooter1939 on May 25, 2018 6:42pm

If the sales is firm please advise where HBC has confirmed the sale.

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Comment by shooter1939 on May 26, 2018 5:37am

MyHoneyPot the truth of the matter is HBC has not made any official comment confirming the sale of the Vancouver property so it's not public information. Quit the BS statements about the sale being public information because it's not true.

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Comment by biggreek on May 26, 2018 9:23am

Hudson's Bay and Riocan have a condinational agreement to sell the store upon the purchaser arranging financing,,,,for $675 million this is public knowledge deal expected to be confirmed as a sale on June 15

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